Engineering Nissan Chemical to Develop New Herbicide Plant in India

Source: Press release Nissan Chemical 1 min Reading Time

Nissan Chemical has plans to develop a new herbicide manufacturing facility at its consolidated subsidiary in India, Nissan Bharat Rasayan. The new plant is expected to be completed and begin operations in fiscal year 2028.

Nissan Chemical Corporation has decided to establish a new manufacturing facility for the new herbicide ‘Ryzonic’ at its consolidated subsidiary in India, Nissan Bharat Rasayan. (Source:  Pixabay)
Nissan Chemical Corporation has decided to establish a new manufacturing facility for the new herbicide ‘Ryzonic’ at its consolidated subsidiary in India, Nissan Bharat Rasayan.
(Source: Pixabay)

Tokyo/Japan – Nissan Chemical Corporation has decided to establish a new manufacturing facility for the new herbicide ‘Ryzonic’ (iptriazopyrid) at its consolidated subsidiary in India, Nissan Bharat Rasayan (hereinafter NBR).

NBR was established in 2020 as a joint venture between Bharat Rasayan, a major Indian agrochemical manufacturing and sales company, and Nissan Chemical. The JV-company built a new plant in Saykha, Gujarat in March 2023 and then started operations.

This investment aims to build a stable supply system capable of meeting future demand expansion, in anticipation of the global rollout of Ryzonic, a novel herbicide discovered by the Company. It is positioned as a highly important strategic investment that will drive future business growth.

The new facility is scheduled to be completed and begin operations in fiscal year 2028. Ryzonic is planned to be launched in 2027 in major markets, including Japan and India, followed by further global expansion. Through this initiative, the Company aims to strengthen its global supply capacity and enhance its competitiveness in the paddy rice herbicide market.

While the impact of this project on the consolidated financial results for the current fiscal year is expected to be minimal, it is anticipated to contribute to earnings growth over the medium to long term.

The Company will continue to strive for sustainable growth and enhancement of corporate value in its agrochemical business, leveraging its proprietary technologies.

(ID:50864025)

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